More than 14,500 small and medium-sized enterprises (SMEs) are operational in the national territory, as reported the President of the Republic, Nicolás Maduro.
From the Baifa company, located in the Industrial Zone of Guarenas in Miranda state, he pointed out that SMEs constitute an “economic portent,” as well as a significant factor in the growth and expansion of the productive apparatus.
“May all SMEs count with all the support (…) It is in our hands to recover and advance the economy of Venezuela”, he said during a productive journey for the re-impulse of the Industrial Engine of the Bolivarian Economic Agenda.
Meanwhile, the president of the Institute for the Development of Small and Medium Industries (Inapymi), Didalco Bolívar, said that of the 14,500 SMEs registered in the country, about 25% were created in the last 25 years.
He stressed that the territorial equality policy in terms of access to microcredits “opened the way for entrepreneurship and new entrepreneurs”, an action that translates into the development of economic activity.
Bolívar said that, for the first time in 20 years, SMEs are involved in the stock market, in this regard, he explained that 200 companies consult daily the mechanisms of access to the Stock Exchange.
“Today the Caracas Stock Exchange is in the top 10 exchanges in the world in terms of performance”, he said.
Before the advances of the SMEs, the Dignitary instructed the celebration of an encounter with the Venezuelan businessmen in order to define the 2020 Plan of Growth and Economic Progress.
“I insist on the need to substitute imports, to break with the CADIVI (former currency exchange institution involved in irregularities) model: CADIVI will never come back, that model is over!”
